History & Stats

General History of Cannabis

High-Level Timeline of Events

Growing and using cannabis is not new. It is a century-old practice that the Western world is now legalizing and opening up. The opportunity will be exponential.

Today

Ongoing Decriminalization and Legalization of Medical & Recreational Cannabis Around the World
Today

2012

Recreational Legalization Begins
2012

1996

Medical Cannabis Begins in the West
1996

1980's

US War on Drugs
1980's

1970's

Decriminalization Begins
1970's

1900's

Global Prohibition Era Begins
1900's

1600-1899

Wide scale hemp cultivation in the Western World – Medical Cannabis Added to US Pharmacopeia
1600-1899

2900 BC – 1500 AD

Ancient Cultures Recognize the Medical & Spiritual Value of Cannabis
2900 BC – 1500 AD

A Growing Market

Massive Expectations for Consumer Demand

$31.4 B

GLOBAL CANNABIS

By 2021, the global cannabis market will hit $31.4 B.

– The Brightfield Group, 2017

$55.8 B

GLOBAL MEDICAL

The global medical cannabis market alone is expected to reach a value of US $55.8 B by 2025.

– Grand View Research, 2016

$100 B

CANADIAN & US LEGAL USE

The Canadian & US Legal Cannabis Market is estimated to be $100 B by 2029.

– Ackrell Capital, 2016

55 M

AMERICANS

Nearly 55 M adults currently use marijuana with close to 35 M being “regular users” once or twice a month.

– Yahoo News & Marist College Survey, 2017

4.9 M

CANADIANS

About 4.9 M Canadians between the ages of 15-64 purchased both medical and non-medical cannabis last year. Cannabis consumption has more than doubled among Canadians 15 and older over a 30-year span, according to a new Statistics Canada report.

– Statistics Canada, 2017

Bringing Cannabis to the World​

Harnessing New Opportunities​

  • 30 countries have legalized cannabis fully, or partially.
  • In the US, about 30 states allow cannabis for medical purposes, and nearly 1/3 have legalized recreationally.
  • And more to follow…
Cannabis Map Placeholder
Cannabis Map

Growth Areas to Watch

Market Trends

  • Evolving Consumer Behaviors: New Brands, New Products, New Delivery Methods
  • Changing Technology: Growers, Distributors / Retailers, and Consumers
  • Expanding Medical Applications: For Cannabinoid-based Therapies